Gold Silver Price Today: Strong action is being seen in gold and silver these days. After the release of the minutes of the US central bank Federal Reserve, there is pressure on the bullion market.
Gold Silver Price Today: Strong action is being seen in gold and silver these days. After the release of the minutes of the US central bank Federal Reserve, there is pressure on the bullion market. Because yesterday due to weakness in the US dollar there was a strong rise. Light profit booking is being seen today. There is relief from the fall in gold prices before the wedding season. The prices of both have fallen on MCX as well as COMEX.
Gold price today
In the domestic futures market, the rate of gold fell by Rs 50 to Rs 61170 per 10 grams. Earlier yesterday the price had increased by about Rs 700. The price of gold in the international market has reached a three-week high. Yesterday the gold rate on COMEX rose by 30 dollars.
Today silver rate
The price of silver on MCX has fallen slightly to Rs 73294 per kg. Yesterday, a rise of about Rs 1,000 was seen in the prices of silver. Whereas in the global market, silver had risen by about 1.5% yesterday.
5 Big fundamentals of gold and silver
1. Market does not expect further rate hike in US
2. Dollar close to two and a half month low
3. Continuous decline in treasury yield
4. Home sales in US lowest in 13 years
5. Existing homes in US in October Sales declined 4.1%
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